Famous Brands (FBR) is Africa's largest branded fast-food retail franchisor with seventeen brands and 2850 restaurants. The company owns well-known South African brands like Wimpy, Debonairs Pizza and Steers. For the last two years, even before COVID-19, the company has been battling to grow in an environment where the consumer has been hammered by rising fuel costs, loadshedding, rising fuel costs, unemployment, and high indebtedness. The retail fast food industry has become increasingly …
Our opinion on the current state of FBR for JSE:FBR
Famous Brands (FBR) is Africa's largest branded fast-food retail franchisor with seventeen brands and 2850 restaurants. The company owns well-known South African brands like Wimpy, Debonairs Pizza and Steers. For the last two years, even before COVID-19, the company has been battling to grow in an environment where the consumer has been hammered by rising…
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